213 Irene St · West Orange, TX
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.75%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.7/10.0
- Appreciation +5.5/10.0
- Rent growth +3.9/5.0
- Livability +3.0/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
$85,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Great investment opportunity in the heart of Orange! This 2-bedroom, 1-bath home offers solid bones, functional open-concept layout & tons of potential for an investor or buyer ready to bring their vision to life. Conveniently located near shopping, restaurants & everyday amenities, the property offers a neutral color scheme, 2-car carport, gutters & vinyl siding for lower exterior maintenance. The enclosed garage creates valuable flex space ideal for an additional living area, office or potential 3rd bedroom conversion. The handicap-accessible bathroom was recently updated & an enclosed utility room is ready to be finished out. Outside, you'll find a covered back po
Key facts
- Producing fig tree
- Workshop
- Open-concept layout
Tags
Property features AI
Finance
- Other: Public maintained road
- Financial info: No investment or rental income details provided
- HOA & community: No HOA details provided
Exterior
- Parking: Attached carport; 2 carport spaces
- Security: No security details provided
- Utilities: Public water; Public sewer
- Home design: Single-family residence; Residential property
- Construction: Vinyl siding; Composition roof; Slab foundation; Built with vinyl siding and composition roofing
- Exterior features: Covered patio/porch; Chain link fence; Workshop
Interior
- Kitchen: Gas cooktop; Range; Microwave; Refrigerator
- Bedrooms: No bedroom-level details provided
- Flooring: Carpet; Vinyl
- Bathrooms: 1 full bathroom
- Heating & cooling: Ceiling fan(s); Window unit(s)
- Interior features: Ceiling fans; Window cooling units; Refrigerator; Gas cooktop; Microwave; Range
- Laundry & utility: No laundry details provided
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $85k.
Deal economics
- At list price, monthly cash flow is $326 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 60/100 on livability (#1,075 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A; Watch: crime C-, schools D-, amenities F.
- West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.7%/yr); 337 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).
Forward outlook
- In year one you build about $1k of equity ($588 loan paydown + $858 appreciation (1.0% local appreciation)).
- Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (1.0% appreciation + 5.7% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 38 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.47% ✓
- Cap rate
- 11.83%
- Cash-on-cash
- 19.77%
- DSCR
- 1.88
- GRM
- 5.7
CMA / ARV
- ARV (median comp)
- $104,967
- List price
- $85,000
- Delta
- -19.02%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3020 Western Ave | 0.66mi | 2/1.0 | 990 (-2%) | 4mo | $132,800 | $134 | 62 |
| 3415 Bowling Ln | 0.72mi | 3/1.0 (+1) | 1,060 (+5%) | 4mo | $90,000 | $85 | 50 |
| 6 Circle Q St | 0.70mi | 3/1.0 (+1) | 1,090 (+8%) | 11mo | $105,000 | $96 | 41 |
| 10 Circle S | 0.58mi | 3/2.0 (+1) | 1,128 (+12%) | 13mo | $105,000 | $93 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.01% appreciation · 5.71% rent growth · sell at horizon
- IRR
- 20.8%
- Equity multiple
- 2.09×
- Total profit
- $25,945
- Equity at exit
- $29,061
- IRR
- 25.6%
- Equity multiple
- 4.39×
- Total profit
- $80,791
- Equity at exit
- $38,654
Cash invested: $23,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 77630
- Home prices YoY
- 0.4%
- Rents YoY
- 5.7%
- Active inventory
- 337
- Price-to-rent
- 5.7×
Monthly cashflow live
- Estimated rent
- $1,252 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$116 /mo · $1,388/yr
- Insurance
- −$35
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$263
- Net cashflow
- $326
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $21,250
- Closing costs
- $2,550
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 205 Gloria St West Orange, TX | 3.0 | 2.0 | 1225 | $1,300 | $1.06 | 43d | 1 | 0.12mi |
| 210 Florence St Orange, TX | 3.0 | 1.0 | 1064 | $1,425 | $1.34 | 43d | 1 | 0.23mi |
| 206 Florence St Orange, TX | 2.0 | 1.0 | 1216 | $1,425 | $1.17 | 43d | 1 | 0.23mi |
| 3000 MacArthur Dr Orange, TX | 3.0 | 1.0–2.0 | 791 | $1,142 | $1.44 | 13d | 12 | 0.36mi |
| 101 Azalea Ave Unit A Orange, TX | 3.0 | 1.0 | 1200 | $2,000 | $1.67 | 43d | 1 | 0.46mi |
| 302 Bridal Wreath Ave Orange, TX | 3.0 | 1.0 | 1182 | $1,195 | $1.01 | 43d | 1 | 0.54mi |
| 1120 28th St Orange, TX | 3.0 | 1.0 | 1308 | $1,500 | $1.15 | 43d | 1 | 0.54mi |
| 403 Bluebonnet Dr Orange, TX | 3.0 | 1.0 | 1196 | $1,300 | $1.09 | 43d | 1 | 0.61mi |
| 310 Camellia Ave Orange, TX | 3.0 | 1.0 | 988 | $1,295 | $1.31 | 21d | 1 | 0.63mi |
| 406 Dayton St West Orange, TX | 2.0 | 1.0 | 1350 | $1,200 | $0.89 | 43d | 1 | 0.67mi |
| 309 Quincy St West Orange, TX | 3.0 | 1.5 | 1113 | $1,200 | $1.08 | 13d | 1 | 0.77mi |
| 107 Dahlia St Orange, TX | 3.0 | 1.0 | 1149 | $1,300 | $1.13 | 13d | 1 | 0.77mi |
| 3333 Ridgemont Dr Unit 504 Orange, TX | 1.0 | 1.0 | 725 | $963 | $1.33 | 13d | 1 | 0.79mi |
| 3333 Ridgemont Dr Unit 512 Orange, TX | 1.0 | 1.0 | 725 | $1,063 | $1.47 | 13d | 1 | 0.79mi |
| 3333 Ridgemont Dr Unit 203 Orange, TX | 2.0 | 1.0 | 1000 | $1,084 | $1.08 | 13d | 1 | 0.79mi |
| 3333 Ridgemont Dr Unit 310 Orange, TX | 1.0 | 1.0 | 726 | $938 | $1.29 | 13d | 1 | 0.79mi |
| 3333 Ridgemont Dr Unit 505 Orange, TX | 1.0 | 1.0 | 725 | $988 | $1.36 | 13d | 1 | 0.79mi |
| 7b Concord St Orange, TX | 2.0 | 1.5 | 1206 | $1,450 | $1.20 | 13d | 1 | 0.82mi |
| 3333 Ridgemont Dr Unit 404 Orange, TX | 2.0 | 1.0 | 1000 | $1,254 | $1.25 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 006 Orange, TX | 1.0 | 1.0 | 725 | $1,063 | $1.47 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 506 Orange, TX | 1.0 | 1.0 | 725 | $963 | $1.33 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 302 Orange, TX | 1.0 | 1.0 | 726 | $938 | $1.29 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 315TWNHME Orange, TX | 2.0 | 1.5 | 1216 | $1,040 | $0.86 | 21d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 107 Orange, TX | 2.0 | 1.0 | 952 | $1,255 | $1.32 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 408 Orange, TX | 2.0 | 1.0 | 1000 | $1,059 | $1.06 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 403 Orange, TX | 1.0 | 1.0 | 825 | $988 | $1.20 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Unit 007 Orange, TX | 1.0 | 1.0 | 725 | $1,088 | $1.50 | 43d | 1 | 0.83mi |
| 3333 Ridgemont Dr Apt 105 Orange, TX | 2.0 | 1.0 | 952 | $1,255 | $1.32 | 21d | 1 | 0.83mi |
| 3726 Bowling Ln Orange, TX | 3.0 | 1.0 | 1045 | $1,150 | $1.10 | 43d | 1 | 0.94mi |
| 1543 Alamo St West Orange, TX | 3.0 | 1.0 | 1170 | $1,200 | $1.03 | 13d | 1 | 0.95mi |
| 3615 Ridgemont Dr Orange, TX | 3.0 | 1.0 | 1266 | $1,275 | $1.01 | 43d | 1 | 0.96mi |
| 1604 W Cherry Ave Orange, TX | 1.0 | 1.0 | 850 | $1,240 | $1.46 | 43d | 1 | 0.98mi |
| 1010 N 16th St Orange, TX | 3.0 | 1.5 | 1100 | $1,500 | $1.36 | 43d | 1 | 0.99mi |
| 3714 Ridgemont Dr Orange, TX | 3.0 | 1.0 | 1020 | $1,450 | $1.42 | 13d | 1 | 1.09mi |
| 316 Old Timers Rd Unit 316 Orange, TX | 3.0 | 2.0 | 1200 | $1,595 | $1.33 | 43d | 1 | 1.26mi |
| 3345 W Park Ave Orange, TX | 1.0–2.0 | 1.0–1.5 | 999 | $1,182 | $1.18 | 13d | 7 | 1.28mi |
| 2801 W Sunset Dr Orange, TX | 1.0–3.0 | 1.0–2.0 | 1113 | $1,088 | $0.98 | 13d | 27 | 1.32mi |
| 1500 Link Ave Orange, TX | 1.0–2.0 | 1.0–1.5 | 1082 | $1,050 | $0.97 | 13d | 1 | 1.42mi |
Listing history 16 events
-
2026-06-18days on market $85,000 Active 38 DOM
-
2026-06-17days on market $85,000 Active 37 DOM
-
2026-06-16days on market $85,000 Active 36 DOM
-
2026-06-15days on market $85,000 Active 35 DOM
-
2026-06-14days on market $85,000 Active 33 DOM
-
2026-06-13days on market $85,000 Active 32 DOM
-
2026-06-10days on market $85,000 Active 30 DOM
-
2026-06-09days on market $85,000 Active 29 DOM
-
2026-06-08days on market $85,000 Active 28 DOM
-
2026-06-07days on market $85,000 Active 27 DOM
-
2026-06-03days on market $85,000 Active 23 DOM
-
2026-06-02days on market $85,000 Active 22 DOM
-
2026-06-01days on market $85,000 Active 21 DOM
-
2026-05-31days on market $85,000 Active 20 DOM
-
2026-05-30days on market $85,000 Active 19 DOM
-
2026-05-11$85,000 Active 1019-char remark
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $1,388 · $116/mo
- Projected year-2 tax
- $1,556 · $130/mo
- Expected delta
- +$167/yr (+$14/mo · 12.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,023
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,388
- − Insurance
- −$1,222
- − Repairs & maintenance
- −$1,202
- − Management
- −$1,202
- − Depreciation
- −$2,473
- Taxable income
- $2,774
- Est. tax owed @ 24.0%
- −$666
- After-tax cash flow
- $3,242/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- West Orange-Cove CISD
- NCES district ID
- 4845090
- Math proficiency
- 17% ▼ -7.00%
- Reading proficiency
- 21% ▼ -2.00%
- Median HH income
- $37,329
- Composite
- 15.86/100
- National rank
- #9260
- State rank
- #784 of 826 in TX
Livability — West Orange
- Score
- 60/100
- State rank
- #1075
- US rank
- #19069
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Orange, TX
- County
- Orange County · 87,112 people
- Metro
- Beaumont-Port Arthur, TX
- Population (ZIP)
- 28,983
- Household income
- $64,373
- Rent vs Own
- Severe rent burden
- 1018.0
Population outlook (Orange County) Hauer SSP2
- Today (2025)
- 88,065 people
- By 2030
- 89,591 · +1.7%
- By 2040
- 91,982 · +4.4%
- By 2050
- 93,023 · +5.6%
- By 2075
- 94,871 · +7.7%
- By 2100
- 88,155 · +0.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (64%)
- Race & ethnicity
- White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
- Hispanic origin (detail)
- Mexican 7%
- Common ancestry
- Lithuanian 13% Italian 1% Slovak 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%
Political lean MEDSL · Orange
- 2024 margin
- Solid R (+66.8) · D 16.4% · R 83.1%
- 2008→2024 swing
- -19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
- All cycles
- 2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 1.01%
- Current HPI
- 264.14
- Rent YoY
- ▲ 5.71%
- Metro
- Beaumont-Port Arthur, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
||
| Technology | 5 | $198B |
|
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
1 event — show timeline
- 2026-05-11 Listed $85,000 BBOR
Property tax history
+3.2%/yrLatest (2025): $1,388 · +6.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…